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(SHAHALLOYS) Shah Alloys complete technical analysis [charts+indicators] | Buy/Sell Shah Alloys | (SHAHALLOYS) share price targets

Complete technical analysis of Shah Alloys (SHAHALLOYS) by charts plus indicators, forecast predictions and share price targets for Shah Alloys (SHAHALLOYS)

Shah Alloys trades in NSE in Iron & Steel sector.

Showing technical analysis as on 2025-02-18 View latest technical analysis

10 day averaged volume of Shah Alloys is 45038

Date	Daily Closing Price	Open	High	Low	Volume
18 Tue Feb 2025	45.82	50.87	50.87	45.01	0.784 times
17 Mon Feb 2025	50.27	59.84	59.84	48.51	1.13 times
14 Fri Feb 2025	56.58	61.80	63.99	56.00	0.649 times
13 Thu Feb 2025	62.79	61.81	70.89	61.81	1.134 times
12 Wed Feb 2025	65.46	67.30	67.30	58.05	0.424 times
11 Tue Feb 2025	65.16	66.50	68.80	64.10	0.165 times
10 Mon Feb 2025	69.19	71.62	71.62	67.80	0.614 times
07 Fri Feb 2025	72.05	62.59	75.19	62.59	4.996 times
06 Thu Feb 2025	63.44	65.60	65.60	63.00	0.151 times
05 Wed Feb 2025	64.54	62.68	66.00	62.60	0.231 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 56.7, but if it comes above 56.7, then a intra day buy could be more profitable.
If you take a sell trade below 56.7, then use 56.7 as stoploss and 37.4 as target. However if you take a buy trade in stock , then use 56.7 as stoploss and 72.85 as target.

Share price targets for Shah Alloys (SHAHALLOYS)

Target Type	Value
Downside Target	45.01
Upside Target	51.95
Upside Target	54.35
Upside Target	56.00
Upside Target	57.49
Upside Target	59.84
Upside Target	61.77
Upside Target	64.50
Upside Target	71.62
Upside Target	74.00
Upside Target	77.15
Upside Target	80.53
Upside Target	84.20
Upside Target	87.80
Upside Target	112.99

Intraday share price targets for Shah Alloys (SHAHALLOYS)

Target Type	Value
Downside Intraday Target	40.61
Downside Intraday Target	35.39
Upside Intraday Target	55.44
Upside Intraday Target	65.05
Upside Intraday Target	50.22

Weekly technical analysis of Shah Alloys (SHAHALLOYS)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Tue Feb 2025	45.82	59.84	59.84	45.01	0.641 times
14 Fri Feb 2025	56.58	71.62	71.62	56.00	0.48 times
07 Fri Feb 2025	72.05	69.06	75.19	61.77	0.057 times
26 Thu Sep 2024	107.77	81.00	112.99	80.53	23.901 times
20 Fri Sep 2024	82.08	84.20	84.20	77.15	0.218 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Shah Alloys (SHAHALLOYS)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Tue Feb 2025	45.82	69.06	75.19	45.01	0.08 times
26 Thu Sep 2024	107.77	82.86	112.99	72.41	1.697 times
30 Fri Aug 2024	78.57	59.00	87.80	54.35	6.956 times
31 Wed Jul 2024	58.15	63.33	64.50	57.49	0.633 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Shah Alloys (SHAHALLOYS)

Price action analysis of Shah Alloys ( (SHAHALLOYS) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Shah Alloys ( (SHAHALLOYS) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Shah Alloys ( (SHAHALLOYS) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Shah Alloys stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Shah Alloys in short term and the sell signal is strong.

Shah Alloys Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Shah Alloys in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Shah Alloys is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 64.81 and Shah Alloys (SHAHALLOYS) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Shah Alloys (SHAHALLOYS) stock. Volume based technical analysis of Shah Alloys (SHAHALLOYS) stock is negative.

Shah Alloys Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.